The Wholesale Price Index (WPI) in India for June 2024, based on the 2011-12 base year
In June 2024, India’s Wholesale Price Index (WPI) showed a provisional annual inflation rate of 3.36% compared to June 2023, driven by increased prices in food articles, manufactured food products, crude petroleum & natural gas, mineral oils, and other manufacturing sectors. The overall WPI for all commodities rose to 153.9 (base year 2011-12=100), marking a month-on-month increase of 0.39% from May 2024.
Primary articles saw a significant rise, with the index climbing to 191.6 due to higher prices in food articles and minerals. Meanwhile, the fuel & power group declined by 1.93%, mainly due to lower prices in electricity and mineral oils. Manufactured products also saw a slight increase to 141.9, driven by rises in food products, chemicals, textiles, rubber & plastics products, and motor vehicles. The food index registered an annual inflation rate of 8.68%, up from 7.40% in May 2024, reflecting higher prices in various food categories.
Positive Inflation Drivers: Increases in prices of food articles, manufactured food products, crude petroleum & natural gas, and other manufacturing sectors.
Response Rate: The WPI for June 2024 was compiled with a weighted response rate of 87.8%, while the final figure for April 2024 had a response rate of 95.8%.
The WPI for July 2024 will be released on August 14, 2024.
The Supreme Court has altered the criteria for entry level judicial service examinations by bringing…
The Bharatiya Janata Party (BJP) is all set to decide the national road map for…
Renowned Indian actress Sowcar Janaki breathed her last at the age of 94 on August…
Pradhan Mantri Annadata Aay Sanrakshan Abhiyan (PM-AASHA) is an initiative of the central government that…
Many of the finest sport athletes of Asia will be participating in the Asian Games…
Paneer is one of the most popular and widely used ingredients in India. However, recently…